For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Vero Beach South 32968
2925 1st Place
$312,500
● House - Off Market

2925 1st Place

Vero Beach, FL 32968
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,162 Ft²
$1,739
Est. Monthly
8.67%
Cap Rate

About This Property

Discover this beautifully updated home with charming decorative niches! Enjoy peace of mind with a 2024 roof, 2022 AC, 2024 water heater, fresh paint and trim, and modern fans and lighting. Step inside to vaulted ceilings and a split floor plan offering ultimate privacy. The kitchen features stunning 2024 luxury plank flooring, new appliances, and a welcoming breakfast bar. Unwind on your patio overlooking a serene fenced yard. Experience the perfect blend of style and comfort in this exceptional home!
Unit Size
1,162 Ft²
Days on Market
80 days
Land Size
0.17 acres
Price per sqft
$283
Property Type
House
Property Taxes
$123
HOA Dues
-
Year Built
2004

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (Indian River #279761)

Price History

Date / Event Date Event Price
Sep 30, 2024 Sold
Premium
Sold
Jul 12, 2024 Listed by Compass Florida LLC $329,000
Listed by Compass Florida LLC
Feb 20, 2009 Sold
Premium
Sold
Oct 16, 2008 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 25
  • Exterior Walls Type: 23
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 6
  • Garage Type: 1
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 12
  • Porch Type: 0
  • Pool Type: 8
  • Location Influence Type: 131

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,562
  • Gross Building Area: 1,562
  • Building Area: 1,162
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,162
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VERO BEACH HOMESITES UNIT NO 1
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: VERO BEACH HOMESITES UNIT NO 1 BLK F LOT 18 PBI 3-33

Neighborhood

  • School District Name: Indian River County School District
  • Census Tract: 050706

Zoning

  • Zoning: RS-6

Geography

  • Parcel: 33-39-15-00009-0006-00018.0
  • Block: F
  • Lot: 18
  • Meridian: SEC 15 TWN 33S RNG 39E
  • Municipality: UNINCORPORATED
  • Latitude: 27.6039
  • Longitude: -80.4167

    Address

  • Full Address: 2925 1st Pl
  • Legal Unit: NO
  • Address - House Number: 2925
  • Address - Street Name: 1st
  • Address - Suffix Type: Pl
  • State: FL
  • City Name: Vero Beach
  • Carrier Code: R011
  • 4-Digit Zip Code: 2544
  • Zip Code: 32968

Valuation

    Tax

  • Total Area: 1,362
  • Tax Year: 2022
  • Tax Amount: $139,574
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.1883
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 75
  • Final Value: 301,698
  • High Value: 358,516
  • Low Value: 244,880

    Market Valuation

  • Market Total Value: $194,957
  • Market Land Value: $25,500
  • Market Improvement Value: $169,457

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $118,933

    Exemptions

  • Senior Citizen Exemption : Yes
  • Widow Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 13, 2009
  • Current Sale Recording Date: Feb 20, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 1976543
  • Previous Sale Recording Date: Oct 16, 2008
  • Previous Sale Contract Date: Aug 29, 2008
  • Previous Sale Amount: $11,000
  • Previous Sale Document Type: 23
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Vero Beach South

Stats & Trends

Median Asking:

$333,900

Sale Price/ft²

$216

Below Asking

0.03%

Average Days on Market

75

Average Home Size

1661 ft²

Average Home Age

36.2 years

Currently For Sale

176 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 915 11th Terrace, Vero Beach, FL, 32960

$2,450 /mo

  • 3 Beds
  • 2 Baths
  • 1,340 ft²
915 11th Terrace, Vero Beach, FL, 32960 Listing by Angie Neris
Unit for rent at 2005 5th Street, Vero Beach, FL, 32962

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,151 ft²
2005 5th Street, Vero Beach, FL, 32962 Listing by Sandra Ballantyne

Rentals Near You

Click here to view more rentals in the neighborhood.
RAIRC

Listed by: Kathleen M Pogany, Compass Florida LLC
Last Updated: 2 years ago
Data Source: RAIRC, MLS# 279761
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Frequently Asked Questions

When was property at 2925 1st Place built and last sold?
The property at 2925 1st Place was built in 2004 and last sold on Feb 13, 2009 for $108,000.
How much is this home worth?
The estimated value of the home located at 2925 1st Place is $0.
What are some comparable homes to 2925 1st Place?
There are currently no comparable homes to 2925 1st Place.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Vero Beach Homes for Sale
Vero Beach Houses for Sale
Vero Beach Condos for Sale
Vero Beach Townhouses for Sale
Vero Beach Multifamily for Sale
Vero Beach Land for Sale
Vero Beach Commercial for Sale
Vero Beach Homes with Basements
Nearby Cities
Palm Bay Homes for Sale
Port St. Lucie Homes for Sale
Melbourne Homes for Sale
West Melbourne Homes for Sale
Sebastian Homes for Sale
Micco Homes for Sale
Fort Pierce Homes for Sale
Florida Ridge Homes for Sale
Nearby Property Records
Indian River County, FL Property Records
St. Lucie County, FL Property Records
Okeechobee County, FL Property Records
Martin County, FL Property Records
Brevard County, FL Property Records
Osceola County, FL Property Records
Highlands County, FL Property Records
Glades County, FL Property Records
Neighborhoods
Barefoot Bay Real Estate
Port Malabar Country Club Real Estate
South Beach Real Estate
The Reserve Real Estate
Indialantic by The Sea Real Estate
Bowe Gardens Real Estate
Aquarina Real Estate
Indian River Estates Real Estate
Nearby Counties
Palm Bay Homes for Sale
Melbourne Homes for Sale
Port St. Lucie Homes for Sale
Fort Pierce Homes for Sale
Malabar Homes for Sale
Fellsmere Homes for Sale
Hutchinson Island Homes for Sale
Melbourne Shores-Floridana Beach Homes for Sale
Top Real Estate Agents
Top Agents in Vero Beach
Top Agents in Palm Bay
Top Agents in Palm Bay
Top Agents in Melbourne
Top Agents in Port St. Lucie
Top Agents in Port St. Lucie
Top Agents in Melbourne
Top Agents in 32909